Banking

Two Cipla Promoters Sell 20 Mn Shares; Promoter Group Now Holds 34.23%

Chairman Y K Hamied and Vice Chairman MK Hamied, who are non-executive directors and promoters, have sold 2,01,69,756 sh... Read more

Debashis Mitra Takes Over As ICAI President; Aniket Sunil Talati Becomes VP

Institute of Chartered Accountants of India (ICAI) on Saturday said Debashis Mitra has been elected as its President for... Read more

SpiceJet Posts Net Profit Of Rs 23 Cr In Q3, Stock Jumps 6%

Revenue from operations rises 35% to Rs 2,201 cr Read more

Nasscom Feels Attrition Problem In IT Sector May Have Hit Its Peak

'If one looks at the data from the top-10 IT companies for the December quarter announced recently, attrition levels see... Read more

Indian IT Crosses $200-bn Revenue Mark, Hits $227 Bn In FY22: Nasscom

The industry added 450,000 new hires in FY22, the highest ever taking the total direct employee base of the industry to ... Read more

Indian IT Revenues Grow Fastest In A Decade To $227 Bn In Pandemic-hit FY22

Nasscom, which has ceased to give a growth projection for the future, said that a chief executives' survey pointed to an... Read more

Paytm Logs New Record In Lending Business, Strengthens Payments Leadership

Over 2.3 million devices deployed across the country as of the end of January 2022, a measure of offline payments leader... Read more

Chipmaker AMD Says Xilinx Acquisition Will Double Its Presence In India

AMD has acquired Xilinx for $35 billion, which is the biggest acquisition deal in the semiconductor segment. Read more

Nykaa's Institutional Investors Against Giving More Rights To Promoters

Nykaa has passed a resolution to amend its Articles of Association that allow promoters to nominate one-third of directo... Read more

Religare Finvest Debt Recast In Doubt As Company Gets 'fraud' Tag From RBI

Promoter Religare Enterprises contests tagging of Religare Finvest Ltd as 'fraud' Read more

Hiranandani Group Enters Consumer Tech With Rs 3,500 Cr Investment Plan

Company will focus on large opportunities in the arena of social media, entertainment, gaming and e-sports, e-commerce, ... Read more

Oyo IPO: Delhi HC Rejects Zostel's Petition For Stake In Firm

The root of the dispute between IPO bound Oyo and Zostel lies in a failed buyout deal 6 years ago, which Zostel claims w... Read more

Kenko Health Raises $12 Mn In Series A Funding Led By Sequoia Capital

Plans to utilise funds for acquiring customers, product development and building leadership team Read more

'Fun Police' Force Tesla's 11th Recall In US In Just Over Three Months

Elon Musk apparently isn't pleased with pressure the National Highway Traffic Safety Administration put on Tesla to cond... Read more

Fully Electric Plane Can Be Ready In Three Years: Rolls-Royce Holdings

Rolls-Royce Holdings expects a fully-electric small aircraft in three to five years, a top executive said. Read more